According to the “Daily Telegraph” report, first home buyers eager to buy a house are rushing to apply for the federal government’s first home loan down payment program.
New data released by the National Housing Finance and Investment Corporation (National Housing Finance and Investment Corporation) shows that more than half of the second batch of applications opened in July has been occupied. There are still about 4,500 places, and more than 1,000 applications have now been approved.
The Minister of Housing and Assistant Treasurer Michael Sukkar said the plan will allow “Australians to own their homes more quickly.” “Help more Australians buy their first home with a 5% down payment, so that they and their families can have a successful future. This plan is very important to boost the confidence of first home buyers during the COVID-19 pandemic.” The second round of the epidemic was blocked, but it is still the most popular state capital after Sydney. The average income of single applicants reached A$56,700, while the average income of couple applicants reached A$96,000.
Nick Carter, director of local banking at Bendigo Bank, said that since the opening of applications in July, they have received about 100 inquiries a day. “We need your payroll and your deposit information, and then review it, and we encourage customers to contact the bank directly.” The Commonwealth Bank and NAB participated in the program with 25 other small lenders.
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